...all that EV growth that lithium hodlers want to talk about is concentrated in/within China.
...China EV growth on the back of China-sourced lithium at low prices.
...As long as China dominates EV space, lithium prices will likely to continue to remain low. Because the largest of the Chinese EV players need even ever lower EV battery prices to be price competitive globally to win market share off global ICE vehicle market.
Whoa. China now sells more EVs than the REST OF THE WORLD COMBINED. Look at this chart—that massive red wall is China absolutely demolishing everyone in the electric race.
While America debates EV policy, China sold ~15 million EVs in 2024 alone.
